PBOC to issue 60b yuan central bank bills in Hong Kong
The People's Bank of China will issue central bank bills worth 60 billion yuan ($8.18 billion) in Hong Kong on Jan 15, which experts said sends a policy signal of strengthening offshore renminbi liquidity management and stabilizing the yuan exchange rate.
Monitoring how the People’s Bank of China handles its “managed float” system for the foreign-exchange market isn’t easy. The ...
China's yuan fell to a 16-month low on Wednesday, pressured by a strong dollar and tariff threats from U.S. President-elect ...
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China’s yuan hit a 14-month nadir on the first trading day of 2025, but it quickly bounced from lows of 7.31 per dollar, ...
The PBOC’s daily yuan fixing influences global FX markets, impacts trade balances, and shapes currency trends across Asia and ...
(Yicai) Jan. 6 -- China’s central bank and foreign exchange watchdog have signalled that they will keep the Chinese yuan ...
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China's stock exchanges and central bank rushed to defend a tumbling yuan and falling stock markets on Monday, trying to ...
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